gasoline imports
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Continuation of Tax Authority’s Customs Adjustment Process
Ecopetrol S.A. is contesting a COP 1.0 trillion tax assessment related to gasoline imports in Colombia, with an additional COP 2.1 trillion in estimated interest. The Tax Authority demands corrections to customs declarations between 2022-2024. The refinery is challenging the assessment and has been paying VAT on gasoline/diesel imports since January 2025, while maintaining its right to challenge the interpretation. The company, a major energy player, also highlights its international presence and commitment to compliance.